Home prices rose at an unprecedented pace in the aftermath of the COVID-19 pandemic as interest rates fell to record lows, the large cohort of millennials aged increasingly…
HBTL-05: This paper discusses links among three familiar developments in US housing markets over the last quarter century: ongoing “sprawl” of housing units away from…
BABC 04-23: Mortgage lenders have long used credit scores as a basis for estimating borrower risk. This risk differentiation is reflected in the coupon rate of the loan…